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20121129
20121207
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Search Results 0 to 22 of about 23 (some duplicates have been removed)
are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> good morning. i'm mika brzezinski along here with joe scarborough, and this is "way too early." it's just "way too
for an older, wiser, business leader. but first -- >>> still to come with the fiscal cliff getting closer -- >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> we will help you rise above the rhetoric. former federal reserve vice chair alice rivlin, all that and much more on "squawk on the street." wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. serves as director of the national budget. recently served as a mechanical of the simpson bowles commission. you look lovely as always. i'm told you're wearing a rather important pin. >> yes, i have on the pin. i'm in favor of rising above all this part san ship and getting deal done. >> you think that's possible, but you're not sure what that can happen by
. #. >>> if we go over the fiscal cliff, global business travel association estimates that u.s. biz travel spending will take a $20 billion hit in the short term. but how about the long term outlook? find out next. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> what are the long term effects for business travel if the economy falls off the fiscal cliff? the gbta predicts the reduced deficits and lower interest rates will lead to growth in the economy and an increase in business travel spending. >>> welcome back. now to the weather channel. reynolds wolf is standing by. what is happening around the country today? >> the story is all west. everything is taking place out west. rain, some strong winds, even some snow. some places snow getting up to arou
the greek fiscal cliff. we have our own and people here say we could be the next greece. how does that make you feel when you hear that kind of talk from american politicians, american business people, american citizens? >> extremely worrisome because you represent 25% of the global economy whereas greece, which wasn't the cause of the european crisis, only represents 2% of the european gdp. so if you guys were to actually have such deep problems, then it would mean problems for everyone globally and no one would want that. i'm sure that you'll be able to find the right solution by the end of december. >> let us hope. mr. michalos, thank you very much. sue? >>> thank you, ty. two big winners in that $587 million record powerball lottery. but how much do you really need to earn to make you happy? the answer may surprise you. >>> and before you fill up your tank with gas, listen up. aaa is warning regulators to stop sales of a certain type of fuel at the pump because it could damage your car and void your car warrantee. details on that when "power" resumes in two minutes. ♪ [ male announcer
] >> house speaker john boehner held his own meeting on the fiscal cliff negotiations. this is close to 10 minutes. >> good afternoon, everyone. the president traveled to pennsylvania to visit a small business today to talk about the fiscal cliff. unfortunately, it's the president and members of his own party who were proposing that we let many small businesses, as in hundreds of thousands of them, go over the fiscal cliff. simply put, that's why we don't have an agreement as yet. they said yesterday this is not a game. i used to be a small business owner. small business owners are regular men and women from all backgrounds who, in today's economy, are facing challenges on a daily basis. and the president's tax increase would be another crippling blow for them while doing little to nothing to solve the bigger problem here, which is our national deficit and our national this debt doesn't exist because we don't tax small businesses enough. it exists because washington continues to spend too much. raising taxes on small businesses instead of taking a balanced approach that also cuts spending
all business today in washington, sitting down for a business roundtable, about the fiscal cliff, it's all part of an effort to keep the heat on republicans to cave on tax hikes for the wealthy in order to reach a deal but congressman boehner saying the person the president needs to be talking to is him, and doing so face-to-face, so who is standing in the way of compromise? we have a line-up of guests, debbie wasserman schultz, senator ben carden of maryland and former oklahoma congressman j.c. watts who is also being touted to take up a new job, rnc chairman, plus live coverage of the president's remarks straight ahe ahead. plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel®, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal, events i
with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers u
business creation. in part because of worries about the fiscal cliff. have entrepreneurs sitting on the sidelines. who wants to start a business without knowing what the capital gains tax will be, tax code rate. plus the whole office supply industry has been shrinking for awhile, not just office max but office depot, and even best of breed staples, as companies shifted away from using lots of paper towards digital solutions like apple ipads. meanwhile there's not that much demand for the technological devices some of the companies sell which have become increasingly commodized. think personal computers. just witness the hideous performance of best buy. despite all these big perceived big picture, office max has been rallying like crazy. stock has run up 122% for year. yes, 122%. and it's fallen from 4.26 from the beginning of august to nearly $10. right now where the stock is less than a point off its 52-week high. is that -- well what the heck, right? five months ago this stock had been left for dead. but now somehow office max has managed to find new life and become a monster g
over the last couple weeks. going over the fiscal cliff is serious business and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> reporter: you had senate republican leader mitch mcconnell say after a meeting with geithner that he considered this is a step backward. and so all the rhetoric, all the talk here on capitol hill sounds pretty pessimistic at this point, guys. bill: we heard a little bit from chris van hollen. what is the latest reaction from democrats to republicans mike? melissa: democrats say if you don't like the president's plan, republicans where is your plan? where exactly are you going to generate more revenue. they're trying to draw the republicans out to put specifics out there in terms of what cuts they want to make to entitlements, feeling like that may hurt republican argument. bottom line, house democratic leader nancy pelosi says she thinks republicans will eventually see the light. melissa: why am i confident? because it is the right thing to do. the american people expect and deserve this to happen. it
to tell you i'm disappointed in where we are. going over the fiscal cliff is serious business. >> is serious. >> sound byte: i'm here trying to resolve it. i would hope the white house would get serious as well. >> get it solved with bourbon. >> stephanie: jim can confirm this is what we've been doing all morning. i brought in leftover french fries and i brought mustard and i've been doing this all morning. sorry about the carpet. sorry, sorry. >> the noises were more graphic when there was more mustard. >> speaking of immature on facebook, tell stephanie if she's ever in austin, i know a gay boy who would motor boat her vigorously. [ squeezing mustard ] >> so that happened. >> stephanie: we've had a week. dan in columbus, here on "the stephanie miller show." hi dan. >> caller: hey, stephanie. my congressional district is right next to john boehners, and if anyone thinks he's the voice of reason, they need to come and read the columbus dispatch to see some of the stuff that he says that is even more inflammatory than the stuff he has been saying the last week or so. he cares a
proposing that we let many small businesses, as in hundreds of thousands of them, go over the fiscal cliff. simply put, that's why we don't have an agreement as yet. they said yesterday this is not a game. i used to be a small business owner. small business owners are regular men and women from all backgrounds who, in today's economy, are facing challenges on a daily basis. and the president's tax increase would be another crippling blow for them while doing little to nothing to solve the bigger problem here, which is our national deficit and our national debt. this debt doesn't exist because we don't tax small businesses enough. it exists because washington continues to spend too much. raising taxes on small businesses instead of taking a balanced approach that also cuts spending is wrong. it's only going to make it harder for our economy to grow. and if our economy doesn't grow, americans don't get new jobs. and the debt problem that we have will continue to threaten our children's future. as i said the day after the election, republicans are not seeking to impose our will on the preside
the fiscal cliff. consumer confidence has remind high. business confidence is down so the first thing we want to know, that's not the right chart, we want to do on whether or not people heard about the fiscal cliff. have you heard of it? comparing it to some of the other times people asked about news event, there's the trayvon martin shooting in the street, occupy wall street, 82%, facebook ipo 7 %, 70% of the republic has heard it compared to the fiscal crisis in greece, 63% had heard it. in that number 36% had read a lot about it or heard a lot about it. do they believe a solution is likely? our numbers different from other poles. americans are more optic. first of all see what they think, unlikely 73% back in november when we asked about the debt program would there be an agreement, 73% saying that, now 44%. the number you want to think is 4% to 44% thinks a solution is likely. who thinks it's likely, that's interesting and driving this number. he can break it down by party. look at what we find, republicans 52-42, independents, i come back here, there we go, independents 47-32 and it's re
stories day after day on the so-called fiscal cliff often omit that the senate has passed legislation to shield 98% of families and 97% of small businesses from the income tax part of this so-called fiscal cliff. we passed the middle-class tax cuts act on july 25 of this year and we sent the measure to the house of representatives. did speaker boehner and the republicans in the house promptly pass this popular bill and send it to president obama for his signature? did they move to protect 98% of middle-class families from this tax hike in january? no. no. they decided to hold the middle-class tax cuts passed by the senate hostage in an attempt to push for tax cuts for the folks they care the most about, the top 2% of highest earning households. republicans fighting for millionaires and billionaires is not a new story. in 2001, president george w. bush decided to spend a large portion of the surpluses he inherited from president clinton to cut tax rates. many democrats opposed him then because the tax cuts were unfair, favoring the highest-income americans. to overcome that obstacle, t
how it's being proposed and more on the fiscal cliff, specifically atx pyring tax credits that will affect families and businesses. to get you set up for our next segment on the filibuster rule, these are proposals that will take place in the next congress. minority leader mitch mcconnell debated this. here's a bit of that debate. >> mr. president, we believe that there should be one aspect of the change that is that it should be a non-debatable motion of proceeding. simple as that. the american people -- only ones who disagree that think this senate is working well are the republican leader and those republicans in congress. >> to the republican lead center >> yes. i hope the majority leader will stay on the floor here. i gather the way he proposes to affect this rule change is to deal with the simple majority. you didn't address that issue. >> but of course. >> well, -- >> that statement is untrue, and i don't accept that. >> mr. president, i believe i have the floor. that's the point. what the majority leader is saying he will break the rules of the senate in order to c
in our economy. once we resolve the cliff, we need long-term fiscal reduction so that businesses can climb to the future. to get families and businesses certainty, we must agree in the next few weeks on specific spending cuts and specific revenue increases that reduce the deficit to avoid the fiscal cliff. we should not put off the hard decisions with gimmicks or with triggers. that is what got us here in the first place. it is time to bite the bullet and make the tough decisions and make them now. the first thing we should do is immediately and permanently extend the middle-class tax cuts. this will provide needed certainty to america's families and businesses and markets. this decisive action will ensure millions of american families do not see a tax hike of more than $2,000 starting next month. any agreement must also include a long-term extension of the debt ceiling. america cannot afford another debilitating fiscal showdown. has to be a package deal. then we need to enact a long term and, granted the solution. the most serious plan to recommend $4 trillion in deficit reductions
in april, 2011. the last minute on the fiscal cliff -- i do not think it is a good way to do business. it seems to be the way we are doing business in this town. host: if we were to go over, what happens? guest: probably, congress would be back in session quickly and we would do something but i am talking about right now, hopefully, and continue to negotiate. it is not to question of dollars and cents. some people have said we could let the rates go up and the republicans could take something down and they could call that a tax cut. people would lose faith in the institution and political leadership. trust is a funny commodity. you have it until you do not. you do not get it back if you lose the trust and then do the right thing the next day. we should convince the country, the markets and the world that america can make smart decisions and tough compromises. this would be a step in the right direction of showing we can work together, and we could put the people first. we have differences and we could fight without putting them in harm's way. host: roger altman writes in "the financia
on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for hotel rooms and other expenses for 200 people not able to go home. the families as you can ima
don't know what the fiscal cliff is, you've probably been living under a rock. i found this explanation. this is mr. burns from the simpsons. >> think of the economy as a car and the rich man is the driver. if you don't give the driver all the money, he'll drive you over a cliff. it is just -- >> what actually will happen if america does head toward that fiscal cliff? and go over it even temporarily? cnn money's jean zahadi has been on this story from the very beginning. here is the question at hand. a lot of people are saying, what happens if we don't get a deal right by the end of december and we get into early january, maybe go over the cliff for a week or two? is that catastrophic? >> it doesn't have to be. there are steps the government can take to mitigate the impact of the spending cuts and the tax increases. but legislative and budget experts i talked to say that really assumes a lot of things. one, that congress will act quickly, which can it do if it wants to, but, you know, can they cut a deal in january that they couldn't cut in december? that's one question
and then went out of business. >>> and here's what's passing for progress to avoid that fiscal cliff at year's end. president obama and house speaker john boehner spoke about it on the phone with one another. that discussion came as treasury secretary tim geithner confirmed mr. obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of coal to the offices of both of their state's u.s. senators. but security guards met them outside of republican saxby chambliss' office. eventually, a few were let inside, but without the camera and media present. of course. that would have been the real story. >> folks are upset now. see what happens january 1 after you get the first paycheck and go, oh, this is what the fiscal cliff meant. yeah. whoo, 2013. >>> all right. the next story involves a new grassroots campaign that is starting. meant to draw attention to the nation's debt crisis. it is our "favorite story of the d
? on the substance, the senate has passed a bill that goes a long way to address the fiscal cliff. that's already passed here. last july the senate passed a bill to continue tax cuts for 98% of all americans and 90% of all american small businesses. if the republican leader were serious about preventing us from going over the fiscal cliff, he would urge his colleague, the speaker, tpo get the house to -- to get the house to take up the senate-passed bill now. there are republicans who have already said that's the right thing to do, conservatives, moderates, we had one senator today who said she thinks that should happen. in the meantime -- that was a republican senator, by the way. the republican leader is, mr. president, just as stunned. the election is over. it's time to get down to business. mr. president, this paper he has, secretary geithner didn't bring that stack of stuff to me. it was a private meeting, trying to work something out with this very troublesome issue fating -- facing this country: the deficit, the debt. this private meeting turned out to be a publicity stunt for republicans
of an agreement for the fiscal cliff? >> we're not going to negotiate over what is a fundamental responsibility of congress which is to pay the bells that congress incurs. it should be part of the deal, it should be done, and it should be done without drama. we cannot allow our economy to be held hostage again to the whims of an ideological agenda. it's -- we are the united states of america. we are the greatest economy on earth. we pay our bills, we always have. if congress wants to reduce spending, that should be part of the negotiations. that go into making digs about how we spend -- the programs we spend money on. and the president is very interested in reducing spending an reducing our deficit but you don't default on the economy. that is -- we saw -- we saw what happened in 2011. and it's unacceptable. >> disease did the president have a chance to speak to any republicans last night at the reception here about the fiscal cliff? >> the president and first lady met with scores and scores of lawmakers last night, as is the norm in a situation like this, but i'm not going to read out individu
Search Results 0 to 22 of about 23 (some duplicates have been removed)